Plan Comparison

TelePay Insurance Agency offers quality coverage and expert advice. Let us help you discover what coverage is right for you.

Plan Value

There are four types of plans offered in the Marketplace: Bronze, Silver, Gold, and Platinum. The plans
are defined by their actuarial value, which is the average percentage of health care
expenses that are
covered by the plan. As the actuarial value increases, the plan will pay more towards your
health care
expenses and lower your out-of-pocket costs for things like deductibles, coinsurance, and
copayments.

The drawback of plans that cover more health care and out-of-pocket expenses is a higher
monthly
premium.

Exact percentages will vary by state, but on average a Bronze plan will cover 60% of covered
medical
expenses and your share will be the remaining 40%. The actuarial value of each plan is shown
to the
left.

Bronze

40% - You have the highest “out of pocket” costs for
medical care. But you pay the least in premium.

Silver

30% - Spread costs out more and is a great middle of the
road plan. Premiums are higher than a Bronze
plan but costs will be less when receiving medical care.

Gold

20% - With a gold plan, medical costs are lower than with
a Bronze or Silver plan but the premiums are
higher.

Platinum

10% - You have the lowest “out of pocket” costs for
medical care. But you pay the highest in premium.